Morgan Housel believes the biggest investing mistakes have very little to do with intelligence—and everything to do with behavior.
In this conversation, the bestselling author of The Psychology of Money joins Chris Hill to talk about how people really make decisions about investing, risk, and wealth over time. Morgan shares why long-term success in the stock market depends more on temperament than spreadsheets, and how understanding human behavior can lead to better financial outcomes.
They discuss:
•Why behavior matters more than brilliance in investing
•How risk, luck, and uncertainty shape financial outcomes
•The stories we tell ourselves about money—and why they matter
•What long-term investors get right (and often get wrong)
Opening clip - "Boiler Room"
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Go to MoneyUnpluggedPod.com for more highlights and behind-the-scenes information!